Subject: Swapco -- Outstanding Items
From: [email-masked]
To: [email-masked]
Cc: legal <[email-masked]>
Date: Mon, 12 Nov 2001 14:35:50 -0800 (PST)

In order to complete our files, please send copies of signatures to the
following documents:

1.  Certificate of Amendment to Certificate of Formation of ERMT LLC
(regarding name change to NETCO Holdings LLC)
2.  Certificate of Amendment To Certificate of Incorporation of ESVL Corp.
(regarding name change to ERMT Corp.)
3.  Amended and Restated Certificate of Incorporation of ERMT Corp.
(regarding name change to The New Energy Trading Company)
4.  Written Consent of the Sole Stockholder of ERMT Corp. (dated 11/8/01)
5.  Unanimous Written Consent of the Board of Directors of ERMT Corp.
(dated 11/8/01)
6.  Unanimous Written Consent of the Board of Directors of Enron North
America Corp. (dated 11/5/01 regarding contribution to RMT)
7.  Unanimous Written Consent of the Board of Directors of Risk Management
& Trading Corp. (dated 11/5/01 regarding contribution to ERMT LLC)
8.  Unanimous Written Consent of the Board of Directors of ERMT LLC. (dated
11/5/01 regarding contribution to ERMT Corp.)
9.  Cross Receipt (of ERMT and RMT regarding $250,000,000)
10.  Unanimous Written Consent of the Board of Directors of ERMT Corp.
(dated 11/6/01 authorizing certain agreements)
11.  Unanimous Written Consent of the Board of Control of ERMT LLC (dated
11/6/01 regarding issuance of 20 Units)
12.  Acknowledgment of Receipt of ENA
13.  Unanimous Written Consent of the Board of Control of ERMT LLC (dated
11/7/01 regarding issuance of Class B Unit)
14.  Cross Receipt (of ERMT LLC and GSS Contract Services -- I will hold
this until we get the $10 check from GSS)
15.  Counter signature for the Services and Indemnity Agreement with GSS

We will also need copies of the Stock Certificate of ERMT Corp. issued to
ERMT LLC and the Unit Certificates of ERMT LLC issued to ENA and RMT.  If
you would forward to me the original Class B Unit Certificate issued to
GSS, I will send that to them and coordinate getting their signature on the
Cross Receipt and check.

Please call me if you have any questions.  My number is (214) 746-8116 and
my fax number here in Dallas is (214) 746-7777.

Thanks,
Trish

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